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The Stacy Company makes and sells a single products Product R. Budgeted sales for Apni are $300,000. Gross margin is budgeted at 30% of sales

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The Stacy Company makes and sells a single products Product R. Budgeted sales for Apni are $300,000. Gross margin is budgeted at 30% of sales dollars. If the net Income for Aprilis budgeted at $40.000, what are the budgeted selling and administrative expenses? Multiple Choice O 550.000 $78,000 5102.000 $33333

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